Trump increases tariff on Canada to 35 per cent | CTV National News

Trade Impacts

🔄 Q: How has Trump's tariff increase affected Canada-US trade relations?
A: Trump increased tariffs on some Canadian goods to 35%, citing months-old trade irritants like fentanyl flow and Canada's countermeasures, while Prime Minister Mark Carney expressed disappointment and readiness for retaliatory measures.

💼 Q: What's the impact of scrapping the de minimis exemption? 
A: The US is eliminating the $800 de minimis exemption, affecting Canadian small businesses shipping goods to the US, according to expert Samuel Rosco from the University of British Columbia.

Political Responses

🏛️ Q: How are Canadian leaders responding to the tariff increase?
A: Ontario Premier Doug Ford called for 50% retaliatory tariffs on US steel and aluminum, urging the prime minister to "hit that guy back as hard as we possibly can."

Legal Challenges

⚖️ Q: What legal challenges does Trump's tariff policy face?
A: A federal appeals court is questioning the legality of Trump's tariff policy, arguing he overstepped his authority using the Emergency Powers Act to impose tariffs without congressional approval.

Industry-Specific Impacts

🌲 Q: How are new duties affecting the Canadian lumber industry?
A: New US duties on Canadian softwood lumber could cost thousands of jobs, with the US lumber industry applauding the move, claiming Canadian producers engage in predatory pricing and receive unfair government subsidies.

Trade Statistics

📊 Q: What's the current state of US-Canada trade tariffs?
A: Despite the increase, the US average tariff rate on Canadian goods remains one of the lowest, except for sectoral tariffs, according to Prime Minister Mark Carney's statement.

Trade Tensions and Tariffs

🔥 US President Donald Trump has escalated trade tensions by increasing tariffs on some Canadian goods to 35%, citing issues like fentanyl flow and Canada's countermeasures as justification.

🇨🇦 Canadian Prime Minister Mark Carney expressed disappointment in Trump's action, emphasizing that the US average tariff rate on Canadian goods remains one of the lowest globally.

Political Responses and Legal Challenges

🏛️ Trump's tariff policy faces a legal threat from a federal appeals court, questioning the legality of using the Emergency Powers Act to impose tariffs without congressional approval.

🗣️ Ontario Premier Doug Ford calls for retaliation with a 50% tariff on US steel and aluminum, urging the prime minister to "hit that guy back as hard as we possibly can."

Economic Implications

💼 Trump's executive order ending a tariff loophole for low-cost goods could significantly impact Canadian small businesses importing into the US.

🌲 The US lumber industry applauds increased anti-dumping duties on Canadian softwood producers, accusing them of predatory pricing and receiving unfair government subsidies.

• 00:00 🇨🇦 Trump raises tariffs on Canada to 35%, sparking vows to protect Canadian jobs and potential retaliation.
  • US President Donald Trump announces new tariffs on Canada, increasing them to 35 percent, amid global trade tensions.
  • US President Donald Trump has signed an executive order increasing tariffs on some Canadian goods from 25% to 35%.
  • US President Trump raises tariffs on Canada to 35%, prompting Canada's Prime Minister Mark Carney to vow to protect Canadian jobs and consider retaliatory tariffs.
• 03:42 🇨🇦 Trump increases tariffs on Canada to 35%, sparking potential legal challenges and trade tensions.
  • US political analyst Eric Ham believes Trump's increased tariffs on Canada may be a negotiating tactic, and that a deal is still possible.
  • President Trump increased tariffs on various countries, including Canada to 35%, amidst flexing his trade muscles, despite potential legal challenges.
  • US President Trump's tariffs face a legal threat as a federal appeals court questions their legitimacy, with a decision expected to potentially reach the Supreme Court.
• 06:30 🇨🇦 Trump increases tariffs on Canada to 35% amid trade tensions and takes actions against US prescription drug prices.
  • US President Trump suggests Canada's recognition of Palestinian statethood may hinder trade deal, while his administration imposes sanctions on Palestinian officials.
  • Trump increases tariffs on Canada to 35 percent and takes actions against pharmaceutical companies, demanding they slash US prescription drug prices within 60 days.
• 08:54 💰 US increases tariffs on Canadian goods to 35%, likely causing delays and hurting small businesses.
  • The US is ending a provision that exempted goods valued under $800 from duties, now taxing all Canadian shipments, including small business items like Tamara Babe's jewelry, at a 35% tariff rate.
  • Trump's increased tariff on Canada to 35% will likely cause delays for shipments into the US and negatively impact Canadian small and medium-sized businesses.
• 10:57 🇨🇦 US imposes 35% tariff on Canadian softwood lumber, threatening industry and jobs.
  • The US has imposed a 35% tariff on Canadian softwood lumber, a move that could cost thousands of jobs and significantly impact Canada's lumber industry.
  • US tariffs on Canada increase to 35%, threatening the Canadian softwood industry and sparking accusations of American greed.
• 13:06 🌎 Trump imposes 35% tariff on Canada, while multiple crises unfold including wildfires, plane crash, and amusement park accident.
  • Multiple news stories unfold: wildfires force evacuations in British Columbia, a small plane crashes near Ottawa's airport, and a broken amusement park ride in Saudi Arabia seriously injures several people.
  • Donald Trump claimed Jeffrey Epstein "stole" Virginia Dupra, Epstein's accuser, from Mar-a-Lago, prompting her family to question if Trump knew of Epstein's crimes.
• 15:29 🐓 Canada imposes 35% tariff on imports from US, sparking trade tensions, while a BC ostrich farm faces cull order amid health and economic concerns.
  • Residents near Universal Ostrich Farms in BC fear health risks and economic fallout if a cull order for hundreds of ostriches is enforced, amid a dispute between the farm and the Canadian Food Inspection Agency.
  • Residents and owners of an ostrich farm are at odds over the culling of birds, with residents seeking swift government resolution and farm owners willing to take the matter to the Supreme Court.
• 18:06 🇨🇦 Canadian news: swimmer Summer Macintosh wins gold, Trudeau attends Katy Perry concert, and unrelated US news includes Justin Timberlake's health update.
  • There is no mention of Trump or tariffs in the provided transcript, but unrelated news includes Justin Timberlake's Lyme disease diagnosis, Justin Trudeau's attendance at a Katy Perry concert, and the Blue Jays' acquisition of Shane Bieber.
  • Canadian swimmer Summer Macintosh wins her third gold medal at the World Aquatic Championships, inspiring young swimmers in her hometown.
  • Canadian swimmer Macintosh, a three-time Olympic champion, is poised to make history by competing for a fifth gold at the World Swimming Championship.
  • The video ends with a closing segment and credits from CTV National News.

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